409 Beto St - Apartments FOR SALE


Huntsville, TX 77340- Downtown Huntsville
$1,800,000 USD
713-614-2670
409 Beto St, Huntsville, TX for Sale
$1,800,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

409 Beto St
Huntsville, TX 77340
Downtown Huntsville


OVERVIEW

Strategic Location: Less than 0.5 miles from I-45 and Hwy 19; under 10 minutes to Sam Houston State University. -Diverse Unit Mix: 6 units: 1 bed, 1 bath (approx 750 sqft each) *rented units at $900/mo* 4 units: 2 beds, 1 bath *rented units at $1050/mo* 4 units: 3 beds, 2 baths *rented units at $1200/mo* -Current Vacancies: Units 2, 5, 10, 13, and 14 are available for immediate occupancy. -Utilities Included: Trash, water, and sewage services are covered in the rental agreement. -Appliances Provided: Each unit comes equipped with a washer/dryer, oven, fridge, microwave, and dishwasher. -Recent Renovations: Many units have undergone updates enhancing aesthetics and comfort. -Potential for Development: Set on 3.66 acres near future major developments, offering significant growth potential. -Ideal for: Investors seeking a property with immediate cash flow and future appreciation potential in a growing area. Prime location less than 0.5 miles from I-45 and Hwy 19, offering easy access to major routes. Just under 10 minutes from Sam Houston State University, this 16-unit apartment complex is ideally situated for students, commuters, and professionals seeking convenience and connectivity.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

14

PRICE/UNIT

$128,571

CAP RATE

Request Cap Rate

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14-Unit Multifamily Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

PARKING SPACES

24

LAND DETAILS

LAND ACRES

3.66 AC

LAND SF

159,430 SF

ZONING

-

APN/PARCEL ID

58768

ASK ABOUT THIS PROPERTY

Adam OlsenThe Commercial ProfessionalsMore Info
713-614-2670

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Adam OlsenThe Commercial ProfessionalsMore Info
713-614-2670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.